Sealed Air Announces Price Increases for Its North American Product
Care Products

February 15, 2018 04:30 PM Eastern Standard Time

CHARLOTTE, N.C.--(BUSINESS WIRE)--Sealed Air Corporation (NYSE:SEE) announced today that it is
implementing a price increase on products in its North American Product
Care business. The increases will be effective April 1, 2018.

The price adjustments are necessary because of increases in raw
materials, freight, and other input costs.

A seven (7) percent price increase will be applied to the following
products:

The business also previously announced increases in the prices of
Instapak® products, which are effective March 15, 2018:
lnstapak® chemical formulation prices will increase 15 cents
per pound, lnstapak® packaging film prices will
increase 6 percent and lnstapak Simple® "A" and "B"
Component prices will increase 2 percent.

About Sealed Air

Sealed Air Corporation is a knowledge-based company focused on packaging
solutions that help our customers achieve their sustainability goals in
the face of today’s biggest social and environmental challenges. Our
portfolio of widely recognized brands, including Cryovac®
brand food packaging solutions and Bubble Wrap® brand
cushioning, enable a safer and less wasteful food supply chain and
protect valuable goods shipped around the world. Sealed Air generated
$4.5 billion in sales in 2017 and has approximately 15,000 employees who
serve customers in 122 countries. To learn more, visit sealedair.com.

Website Information

We routinely post important information for investors on our website, sealedair.com,
in the "Investor Relations" section. We use this website as a means of
disclosing material, non-public information and for complying with our
disclosure obligations under Regulation FD. Accordingly, investors
should monitor the Investor Relations section of our website, in
addition to following our press releases, SEC filings, public conference
calls, presentations and webcasts. The information contained on, or that
may be accessed through, our website is not incorporated by reference
into, and is not a part of, this document.

Forward-Looking Statements

This press release contains “forward-looking statements” within the
meaning of the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995 concerning our business, consolidated
financial condition and results of operations. Forward-looking
statements are subject to risks and uncertainties, many of which are
outside our control, which could cause actual results to differ
materially from these statements. Therefore, you should not rely on any
of these forward-looking statements. Forward-looking statements can be
identified by such words as “anticipates,” “believes,” “plan,”
“assumes,” “could,” “should,” “estimates,” “expects,” “intends,”
“potential,” “seek,” “predict,” “may,” “will” and similar references to
future periods. All statements other than statements of historical facts
included in this press release regarding our strategies, prospects,
financial condition, operations, costs, plans and objectives are
forward-looking statements. Examples of forward-looking statements
include, among others, statements we make regarding expected future
operating results, expectations regarding the results of restructuring
and other programs, anticipated levels of capital expenditures and
expectations of the effect on our financial condition of claims,
litigation, environmental costs, contingent liabilities and governmental
and regulatory investigations and proceedings. The following are
important factors that we believe could cause actual results to differ
materially from those in our forward looking statements: the tax
benefits associated with the Settlement agreement (as defined in our
2016 Annual Report on Form 10-K), global economic and political
conditions, changes in our credit ratings, changes in raw material
pricing and availability, changes in energy costs, competitive
conditions, the success of our restructuring activities, currency
translation and devaluation effects, the success of our financial
growth, profitability, cash generation and manufacturing strategies and
our cost reduction and productivity efforts, the success of new product
offerings, the effects of animal and food-related health issues,
pandemics, consumer preferences, environmental matters, regulatory
actions and legal matters, and the other information referenced in the
“Risk Factors” section appearing in our most recent Annual Report on
Form 10-K, as filed with the Securities and Exchange Commission, and as
revised and updated by our Quarterly Reports on Form 10-Q and Current
Reports on Form 8-K. Any forward-looking statement made by us is based
only on information currently available to us and speaks only as of the
date on which it is made. We undertake no obligation to publicly update
any forward looking statement, whether written or oral, that may be made
from time to time, whether as a result of new information, future
developments or otherwise.